Circular 1/13: Oil Pollution in the United States, Tanker Voyage Additional Premium System - 2013 Policy Year

OUTLINE

• The additional premium system for tankers carrying persistent oil to or from the United States will continue for the 2013 policy year.

• Rates have been reduced by 15 per cent.

TO THE MEMBERS

Dear Sirs

OIL POLLUTION IN THE UNITED STATES

TANKER VOYAGE ADDITIONAL PREMIUM SYSTEM - 2013 POLICY YEAR

The additional premium system for tankers carrying persistent oil to or from the United States will continue for the 2013 policy year.

The new 2013 rates (set out below), have been reduced by 15 per cent for 2013 policy year.

The full text of the US Oil Pollution Clause 20/2/2013 will be set out in an Addendum to the Rules and will be incorporated, by reference, in the Certificates of Entry. As before, a lower rate per ton will apply to tankers equipped with segregated ballast tanks (SBT) in accordance with the requirements of Regulation 13 of Annex 1 to MARPOL 73/78.

Non SBTSBT

(A)

Tankers of more than 1000 gt

LOOP/Lightening

US$ 0.0405

US$ 0.0202

US$ 0.0337

US$ 0.0169

per ton per voyage

per ton per voyage

(B)

Tankers of 1000 gt or less

either

or

US$ 41

US$820

US$ 34

per voyage

US$680 per annum

(C)

Parcel tankers carrying less than 5,000

metric tons of persistent oil as cargo

US$122

US$101

per voyage

(D)

Parcel tankers carrying 5,000-9,999

metric tons of persistent oil as cargo

US$304

US$253

per voyage

Yours faithfully

THE MANAGERS

CONTACT

• Members are requested to contact their usual underwriter if they need to obtain cover for voyages to the United States

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